Hello,
What are the Tax implications on money received by an individual from fund raisers for the treatment of Cancer?
Please help..
Menu
Tax Implications on Donation received by an Individual
Replies (2)
in my opinion, it's taxable
Yes it will be treated as income from other sources and charged to tax accordingly.
Recent Topics :
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
Related Topics :
CAclubindia
